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L&T to acquire 21% stake in E2E Networks in Rs 13.27 billion deal
E2E Networks specialises in CPU and GPU-based cloud computing platforms, leveraging its relationship with NVIDIA to support large-scale general and AI workloads. Read more
Gateway Distriparks launches double stack rail services at ICD Faridabad
With the addition of ICD Faridabad, GDL now operates Double Stack services at three hubs, including its ICDs in Gurgaon and Viramgam, all connected through the WDFC. Read more
Karnataka's Kannada labelling mandate stirs concerns among export manufacturers
An anonymous FMCG executive told the source that industry standards usually support a uniform packaging design across markets. Read more
Haier Group eyes Rs 10 billion JV with JSW Group
This potential collaboration follows a 2023 JV between JSW and Chinese automaker SAIC Motor, where JSW took a 35% stake in MG Motor India.Read more
Indian Railways and Switzerland’s DETEC partner for technological collaboration
The renewed agreement builds on an original MoU from 2017, which covered areas like traction rolling stock, EMU train sets, propulsion equipment, electrification, and station modernisation.Read more
Freight corridors fuel equitable economic growth across India: Study
The DFC network spans 2,843 kilometers across seven states, with the 1,337-km Eastern DFC fully operational from Ludhiana to Sonnagar, Bihar, and the 1,506-km Western DFC nearly complete, connecting Dadri, Uttar Pradesh, to Mumbai.Read more
Siemens to acquire Altair Engineering for $10 billion
The acquisition is expected to boost Siemens’ digital business revenue by 8%, adding approximately €600 million.Read more
Maharatna PSUs NTPC and ONGC join hands to form a JV company
This JVC shall venture into various renewable energy (RE) and new energy opportunities including solar, wind (onshore/offshore), energy storage (pump/battery), green molecule (green hydrogen, green ammonia, sustainable aviation fuel (SAF), green methanol), e-mobility, carbon credits, green credits, etc. Read more
AIFI hosts session on Innovative Technology Solutions and Skill Development
The session saw key discussions on innovative technology solutions and skill development initiatives, highlighting the forging industry’s need to evolve with changing technological trends. Read more
Cyient acquires 27% stake in Azimuth AI to boost semiconductor capabilities
Cyient emphasised that this investment reflects its commitment to driving innovation in the semiconductor industry. Read more